(1) "Flexible pricing" is a regulatory procedure which permits regulated rates for certain regulated telecommunications services to be changed quickly to meet market conditions.   Rates resulting from flexible pricing are sometimes referred to as "market retention rates" or "competitive response rates."   Flexible pricing may include a fixed alternative rate or a permissible range of rates with fixed minimum and maximum rates.

(2) Flexible pricing is not detariffing (i.e., total or partial detariffing of rates as provided at 69-8-807, MCA) .   A flexible pricing rate and operating rules related to such rate remain regulated and tariffed.   Flexible pricing does not include forbearance (i.e., forbearance of rate regulation as provided at 69-3-808, MCA) or promotions (i.e., promotional pricing, market trials, and sales-related activities as provided at 69-3-305, MCA) .   Detariffing, forbearance, and promotional pricing are separate and distinct from flexible pricing.